FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
1. Name and address of issuer:
Viking Mutual Funds
1400 14th Avenue SW
Minot, ND 58701
2. Name of each series or class of securities for which this
Form is filed (If the Form is being filed for all series
and classes of securities of the issuer, check the box but
do not list series or classes): [X]
3. Investment Company Act File Number: 811-09277
Securities Act File Number: 333-77993
4. (a) Last day of fiscal year for which this Form is filed:
December 31, 1999
(b) [ ] Check box if this Form is being filed late (i.e., more
than 90 days after the end of the issuer's fiscal year).
NOTE: If the Form is being filed more than 90 days after the end
of the issuer's fiscal year, interest must be paid on the registration
fee due.
4. (c) [ ] Check box if this is the last time the issuer will be
filing this Form.
5. Calculation of registration fee
(i) Aggregate sale price of securities sold
during the fiscal year pursuant to
section 24(f) $1,028,933
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(ii) Aggregate price of securities redeemed
or repurchased during the fiscal year: $144,784
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(iii) Aggregate price of securities redeemed
or repurchased during any prior fiscal
year ending no earlier than October 11,
1995 that were not previously used to
reduce registration fees payable to the
Commission: $ 0
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(iv) Total available redemption credits
[add Items 5(ii) and 5(iii)]: $ 144,784
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(v) Net sales-if Item 5(i) is greater
than Item 5 (iv) [subtract Item 5(iv)
from Item 5(i)] $ 884,149
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(vi) Redemption credits available for use in
future years-if Item 5(i) is less than
Item 5(iv) [subtract Item 5(iv) from Item
5(i)]: $ 0
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(vii) Multiplier for determining registration
fee x .000264
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(viii)Registration fee due [multiply item 5(v)
by Item 5(vii)] (enter "0" if no fee is
due): $ 233.42
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6. Prepaid Shares
If the response to Item 5(i) was determined by deducting an
amount of securities that were registered under the Securities Act
of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997,
then report the amount of securities (number of shares or other units)
deducted here: $0. If there is a number of shares or other units that
were registered pursuant to rule 24e-2 remaining unsold at the end of
the fiscal year for which this form is filed that are available for use
by the issuer in future fiscal years, then state that number here: $0.
7. Interest due-if this Form is being filed more than 90 days after
the end of the issuer's fiscal year: $ 0
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8. Total of the amount of the registration fee due plus any interest
due [Item 5(viii) plus Item 7]: $ 233.42
==========
9. Date the registration fee and any interest payment was sent to
the Commission's lockbox depository:
March 20, 2000
Method of Delivery
[X] Wire Transfer
[ ] Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf
of the issuer and in the capacities and on the dates indicated.
By (Signature and Title) /s/ Shannon D. Radke
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Shannon D. Radke
President
Date: March 21, 2000
